15. Given that the Fed currently imposes reserve requirements on checking deposits, but not on savings deposits,

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15. Given that the Fed currently imposes reserve requirements on checking deposits, but not on savings deposits, why would banks prefer to hold deposits as savings accounts rather than checking accounts, other things equal?

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Exploring Macroeconomics

ISBN: 9781111970314

5th Edition

Authors: Robert L. Sexton

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Question Posted: Oct 30, 2024 06:00 AM

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15. Given that the Fed currently imposes reserve requirements on checking deposits, but not on savings deposits,

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Exploring Macroeconomics

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